Overview
What is Dominic Konopka Scholarship Fund?
The Dominic Konopka Scholarship Fund is a charitable organization that annually awards college scholarships to deserving and worthy students from their former high school. Established in memory of a late brother, this fund grants a substantial amount of 10,000 scholarships annually, demonstrating its commitment to supporting higher education for deserving students. The scholarship program aims at recognizing and aiding students in need, thereby contributing to their academic pursuits and future success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 10% (Zero-Star out of Four Star rating)
The Dominic Konopka Scholarship Fund has received a low rating of 10% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The score is derived solely from a single beacon score that evaluates aspects such as board independence, financial transparency, and compliance with recommended policies. The absence of independent board members and missing critical documentation has heavily affected its overall score.
One notable strength of the organization is that there is no material diversion of assets, which suggests that the funds are managed in a manner consistent with their intended purpose. However, the lack of transparency regarding financial aspects, such as the absence of a conflict of interest policy and missing tax forms on its website, raises questions about the governance and operational practices of the fund.
Overall, the lack of independent oversight and essential policy documentation highlights a significant limitation that potential donors and supporters should consider. Improvements in governance and a commitment to transparency could enhance the organization's credibility and better serve its mission in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Dominic Konopka Scholarship Fund legitimate?
Dominic Konopka Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dominic Konopka Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Dominic Konopka Scholarship Fund?
The Dominic Konopka Scholarship Fund was established in memory of an individual's late brother. Its primary mission is to provide financial aid in the form of college scholarships annually to deserving and worthy students from their former high school. The scholarship fund grants a total of 10,000 scholarships each year, aiming to support the academic pursuits of these students. The scholarship program is dedicated to recognizing and aiding those with promising futures and potential.
Who is the CEO of Dominic Konopka Scholarship Fund?
Mark A Konopka is the President of Dominic Konopka Scholarship Fund.
What is the revenue of Dominic Konopka Scholarship Fund?
Dominic Konopka Scholarship Fund's revenue in 2022 was $45,600.
Who are the executives of Dominic Konopka Scholarship Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dominic Konopka Scholarship Fund?
Dominic Konopka Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dominic Konopka Scholarship Fund
The Dominic Konopka Scholarship Fund is a philanthropic organization established in honor of a late brother. Its primary mission is to provide financial aid in the form of college scholarships to deserving and worthy students from their former high school. Each year, the fund awards a substantial 10,000 scholarships, demonstrating their commitment to supporting the educational aspirations of young individuals. By recognizing and investing in the potential of these students, the Dominic Konopka Scholarship Fund aims to make a significant impact on their lives and future endeavors.
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Impact
August, 2024
The Dominic Konopka Scholarship Fund has a significant impact on the lives of students by awarding college scholarship money to the most deserving and worthy students of their former high school. Each year, the fund grants 10,000 scholarships, providing financial support to help students pursue their higher education aspirations. By honoring the memory of Dominic Konopka through this scholarship program, the fund is making a tangible difference in the educational journeys of talented individuals in Wadsworth, Ohio.
This information is meant to be a general summary of Dominic Konopka Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $210,353
Assets and Liabilities:
- Total Assets: $316,750
- Total Liabilities: $0
- Net Assets: $316,750
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Organization Details
Founding Year
2000
Phone
(614) 314-1141Principal Officer
Mark A Konopka
Main Address
840 S Medina Line Road, Wadsworth, OH, 44281
NTEE Category
Code: B82 - Education
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